Added to YB: 2025-09-16
Pitch date: 2025-09-13
ELV [bullish]
Elevance Health, Inc.
Author Info
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Company Info
Elevance Health, Inc., together with its subsidiaries, operates as a health benefits company in the United States.
Market Cap
$70.2B
Pitch Price
N/A
Price Target
N/A
Dividend
2.19%
Sector
Health Care Providers and Services
Category
value
Seth Klarman Is Buying ELV
ELV: 2nd largest US health insurer trading 9.3x earnings vs historical avg, down 40% after July guidance cut. Seth Klarman bought 616k shares ($240M position, 5.8% of Baupost portfolio). Oligopoly w/ BCBS licenses, 67% KY market share. 30.9% ROE, strong balance sheet. Commercial segment alone worth 16.1x operating income excluding $2B investment income.
Read full article (7 min)